Canopy Growth Corp (WEED)

[JohnCM]

CGC is a trainwreck so it has eyes on it. But maybe we should ignore CGC as best we can. We cannot avoid the effects of TILRAY and CANOPY on the rest of the sector. Think about this. It has been a miserable 3 plus years for this sector. We need GOOD stories, not bad. The good news is that the sector has flattened since May 20, 2023. That is BIG news. My holdings are green. CGC is good only for a Vegas play perhaps. It was headed back to $1.00 but the delisting letter may require an R/S at this point.